tax deductions

English - Turkish

Definition of tax deductions in English Turkish dictionary: vergi indirimi
tax deduction: vergi indirimi

English - English

Definition of tax deductions in English English dictionary
tax deduction: – A reduction of total income before the amount of income tax payable is calculated
tax deduction: one that can be used to reduce taxable income
tax deduction: A tax break given by the government Mortgage interest, loan points, and property taxes can be deducted
tax deduction: A deduction made to Inland Revenue This includes PAYE, SLD, CSD and WT
tax deduction: A tax break given by the government Mortgage interest, loan points and property taxes can be deducted
tax deduction: Expenses which may be deducted from your income before taxes are computed Mortgage interest is one such expense
tax deduction: lessening the income tax taken from individuals
tax deduction: Expenses that reduce taxable income for individuals or businesses
tax deduction: An expense that a taxpayer is allowed to deduct from taxable income
tax deduction: Tax deductions are subtractions from income In the case of student loans, some tax filers may be able to deduct some interest from income Some tax filers will do this when they "itemize" their tax deductions However, tax filers who do not itemize will also be able to deduct interest on student loans
tax deduction: An expense which a taxpayer is allowed to deduct from taxable income
tax deduction: An expenditure of other cost that, if itemized on the tax return, may be subtracted from gross income in determining income tax Most, but not all, employee benefits costs are deductible See also excludable
tax deduction: A reduction of total income before the amount of income tax payable is calculated
tax deduction: an expense that can be offset against assessable income
tax deduction: a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
tax deduction: An expense the Internal Revenue Service allows a taxpayer as a reduction against adjusted gross income (AGI) A deduction reduces taxes only by the percent of a taxpayer’s tax bracket Examples of allowable deductions include charitable contributions, state and local taxes, and some interest expense
tax deduction: a tax deduction is a sum of money that may be subtracted before the taxpayer computes his or her taxable income